About eXspend
eXspend is a company based in Little (Norway) founded in 2021 was acquired by Advania in April 2022.. eXspend offers products and services including Sirkulær IT, AI-tjenester, Microsoft 365 Copilot, IT-sikkerhet, and Skytjenester. eXspend operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Little, Norway
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Products & Services of eXspend
eXspend offers a comprehensive portfolio of products and services, including Sirkulær IT, AI-tjenester, Microsoft 365 Copilot, IT-sikkerhet, and Skytjenester. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Focuses on circular economy for IT products and services.
Provides AI tools for business automation and data analysis.
Enhances workplace efficiency with AI-driven Microsoft integration.
Offers cybersecurity and information protection for enterprises.
Delivers cloud adoption and hybrid data center solutions.
Funding Insights of eXspend
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in eXspend
eXspend has secured backing from 1 investor. Prominent investors backing the company include Advania. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Data centers and IT services are operated across multiple regions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by eXspend
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - eXspend
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Exspend Comparisons
Competitors of eXspend
eXspend operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about eXspend
When was eXspend founded?
eXspend was founded in 2021.
Where is eXspend located?
eXspend is headquartered in Little, Norway. It is registered at Little, Viken, Norway.
Who is the current CEO of eXspend?
Hans Ingar Lovstad is the current CEO of eXspend.
What does eXspend do?
eXspend was established in 2021 and is headquartered in Lillestrom, Norway. Operations focus on the IT sector, where consulting services, software development, and staffing solutions are delivered to clients. Additional services are offered to support business needs in technology and human resources. The company is led by CEO Hans Ingar Lovstad, with activities centered in the Norwegian market.
Who are the top competitors of eXspend?
eXspend's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does eXspend offer?
eXspend offers Sirkulær IT, AI-tjenester, Microsoft 365 Copilot, IT-sikkerhet, and Skytjenester.
Who are eXspend's investors?
eXspend has 1 investor. Key investors include Advania.
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